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4646 Rainbow Drive, Kannapolis, NC 28081

$311,000
  • 4646 Rainbow Drive, Kannapolis, NC 28081 Main Photo

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New to the Market Active
BEDS3 BATHS2 full SQUARE FEET1,782 MLS#4394032
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONPrivate Acres

Property Description

Nestled on a picturesque 0.88-acre lot shaded by majestic mature oak trees, this charming and well-maintained 3-bedroom, 2-bath mid-century ranch has HUGE potential with a 1800+ sq ft unfinished basement. The property boasts exceptionally fertile soil and abundant year-round sunshine, creating an ideal setting for gardening enthusiasts. The previous owner cultivated a highly productive garden, and the expansive sunny acreage provides ample opportunity to continue that tradition while enjoying seasonal harvests from the established trees (pecan and fig).A standout feature of the home is the enormous unfinished basement, offering incredible potential for customization and expansion. Already equipped with a functional double sink and a plumbed full bathroom, the basement mirrors the home's main-level footprint and is well-suited for conversion into a private guest suite, workshop, or income-producing rental. With its own private exterior entrance and natural light streaming through multiple above-grade windows along the west side of the home, this versatile space is ideal for multi-generational living, hobbyists, or future investment opportunities.In addition to the main living room, this home features a second living area (not pictured) adjacent to the kitchen (currently labeled as the dining room in the measurements). The space used for formal dining is located between the living room and kitchen, just above the basement entrance. New roof and gutters 2024, new gas water heater 2026. Septic is permitted for 3 bathrooms if buyer(s) were to finish out basement.

4646 Rainbow Drive | MLS# 4394032

This single family home located at 4646 Rainbow Drive, Kannapolis, NC 28081 is currently listed for sale with an asking price of $311,000. This property was built in 1962 and has 3 bedrooms and 2 full baths with 1782 sq. ft. Rainbow Drive is located in the Private Acres subdivision. Search Private Acres real estate on www.lakenormanrealty.com today.

Property Features

Property Type: Residential - Single Family
Basement: Daylight, Exterior Entry, Walk-Out Access
Basement: Yes
Garage: 2 car attached
Heating: Baseboard, Hot Water, Natural Gas, Radiant
Home Style: Ranch
Lot Size: 0.88 Acres
Roof Type: Architectural Shingle
Stories: 1.0
Year Built: 1962

Feature Descriptions

Appliances: Electric Cooktop, Electric Oven, Gas Water Heater, Wall Oven
Days on Site: 1
Exterior: Brick Full
Fireplace: Family Room, Wood Burning
Flooring: Carpet, Linoleum, Tile
Foundation: Basement
Laundry: Electric Dryer Hookup, In Basement, Washer Hookup
Lot: Wooded
Lot Dimensions: 186'x102'x112'x195'x60'x180'
Other Structures: Shed(s)
Parcel#: 56047221770000
Parking: Driveway, Attached Garage, Garage Faces Rear, Keypad Entry
Patio/Porch: Deck
Security: yes
Security: Security System
Sewer: Septic Installed, Sewage Pump
Utilities: Electricity Connected, Natural Gas
Water: City, County Water

Local Schools

High School: A.L. Brown
Middle School: Kannapolis
Elementary School: Fred Wilson

Listed By / Shown By

Listed By

Agency Name: Realty One Group Revolution
Agency Contact: barry@barryaldridge.com

Shown By

Agency Title: Lake Norman Realty
Agency Phone: 704-450-1175

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Estimated Payment

$ 1,745.98 per month $1,655.27 Principal & Interest $0.00 Property Tax (data not provided by mls) $90.71 Homeowner's Insurance

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